Empowering Sellers, Connecting Buyers

Discover Your Dream Lakeview Retreat!

  • $1,495,000
1466 Mahon Road
Featured For Sale By Owner New Listing

Discover Your Dream Lakeview Retreat!

1466 Mahon Road
  • $1,495,000

Overview

  • Single Family Home
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Full Bathrooms (with Bath or Shower)
  • 1924
  • Home SQ.Footage
  • 1993
  • Year Built

Description

Discover Your Dream Lakeview Retreat!

Welcome to a unique opportunity to own a beautifully updated two-story lakeview home on the coveted southwest side of Shawnigan Lake. Just one street back (80 metres) from the shoreline, this property offers the perfect blend of modern living and serene natural surroundings.

This exceptional property includes two lots: a 0.254-acre parcel featuring the main residence and a 0.127-acre undeveloped lot with boundless potential for future development.

 

Property Highlights

  • Breathtaking Views: Wake up to stunning east-facing lake views backdropped by the west slopes of Mount Wood and bask in the morning sun
  • Outdoor Living: Enjoy the outdoors year-round with a spacious 580 sq. ft. covered second-floor deck and a 370 sq. ft. covered first-floor patio, ideal for entertaining or unwinding.
  • Prime Location: With lake access at both ends of the street, you’re only a one-minute walk (less than 100 meters) from two public beach accesses.

 

Main House Features

First-Floor Suite (660 sq. ft.)

  • 1 bedroom, 3-piece bathroom.
  • Open-plan living, dining, and kitchen area with a cozy wood stove.
  • Climate control via baseboard heating and a modern heat pump with air conditioning.
  • Easy access to the 370 sq. ft. covered patio.

Second-Floor Suite (1264 sq. ft.)

  • A proven short-term holiday rental with 3 bedrooms and a 4-piece bathroom.
  • Open-plan living and dining with vaulted ceilings, full kitchen, and wood stove insert.
  • Patio doors open onto the expansive 580 sq. ft. covered deck.
  • Suite can be sold furnished.

Units are connected and can be combined into one residence.


Additional Features

  • Modern Updates: Metal roof (2021), heat pump with A/C (2022), sub-drive well system (2022), septic pump (2021), and a deep 429-ft well, ensures peace of mind.
  • On-Site Structures: Includes a garden shed, woodshed, kayak/canoe cover, well-house, and a shed with a lean-to.
  • Gardener’s Paradise: Terraced property with a fully fenced garden featuring mature apple, pear, and chestnut trees, a grapevine, and a forested perimeter of cedar and Douglas fir for privacy.


Lifestyle & Investment Appeal

This property offers limitless opportunities:

  • For Families: A spacious home with room to grow, play, and connect with nature.
  • For Investors: Proven short-term rental success and development potential on the secondary lot.
  • Nature Lovers: Your tranquil lakeside escape, with year-round activities like kayaking, hiking, and cozy evenings by the wood stove.

 

Location

Nestled in the heart of the Shawnigan Lake area, this property is conveniently located:

  • Just 35 minutes from downtown Victoria or Duncan and 1 hour to Nanaimo.
  • A 10-minute drive to Shawnigan Lake Village, featuring a charming bakery, coffee shop, grocery store, and post office.
  • Surrounded by local vineyards, breweries, and cideries—perfect for weekend outings.
  • On the local elementary and secondary school bus route.
  • Local area backs onto an endless network of hiking/biking and ATV trails.

 

Don’t miss your chance to own this lakeview gem and embrace the unparalleled lifestyle it offers.

Property Documents

Hiking Trails
  • Address 1466 Mahon Road
  • City Shawnigan Lake
  • State/county BC
  • Zip/Postal Code V0R 2W3
  • County Canada

Details

Updated on January 28, 2025 at 9:51 am
  • Property ID: SYH-49856
  • Price: $1,495,000
  • Square Footage of Home: 1924
  • Bedrooms: 4
  • Full Bathrooms (with Bath or Shower): 2
  • Year Built: 1993
  • Property Type: Single Family Home
  • Property Status: For Sale By Owner
  • Acreage of Property: 0.381
  • Annual Property Tax ($): 4712

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Mortgage Insurance is typically required if your down payment is less than 20 percent of the property value. Mortgage insurance also is typically required on FHA and USDA loans. Definition by Consumer Financial Protection Bureau.
Sample PMI Rates
Loan-to-Value (LTV) Ratio FICO Score of 760+
95.01 & Greater .55%
90.01 to 95% .41%
85.01 to 90% .30%
80.01 to 85% .19%

Floor Plans

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Description:
Second-Floor Suite (1264 sq. ft.) A proven short-term holiday rental with 3 bedrooms and a 4-piece bathroom. Open-plan living and dining with vaulted ceilings, full kitchen, and wood stove insert. Patio doors open onto the expansive 580 sq. ft. covered deck. Suite can be sold furnished.

Description:
First-Floor Suite (660 sq. ft.) 1 bedroom, 3-piece bathroom. Open-plan living, dining, and kitchen area with a cozy wood stove. Climate control via baseboard heating and a modern heat pump with air conditioning. Easy access to the 370 sq. ft. covered patio.

Video

Walkscore

What's Nearby?

Education
Shawnigan Lake School (3.79 mi)
Poor 1 reviews
Doodle Bug Learning Center (4.38 mi)
0 reviews
StarChild Centres (4.43 mi)
0 reviews
Health & Medical
Sacred Silence (3.98 mi)
Exceptional 1 reviews
Vitality Health CBD (3.79 mi)
0 reviews
Safely Sweet Nutrition (3.98 mi)
0 reviews
Restaurants
The Galley Grill (2.66 mi)
0 reviews
Raya's Pizza (2.66 mi)
Exceptional 1 reviews
Kinsol Cafe (3.83 mi)
0 reviews

Contact Information

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pdoherty

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